City & Corporate: Clare exits Citigate Dewe Rogerson

Jonathan Clare has resigned from Citigate Dewe Rogerson, the City agency he co-founded more than 23 years ago.

Clare was chief executive of Citigate until February last year, when an
internal shake-up saw him relinquish day-to-day control to become deputy
chair of a new holding company named CDR Holdings and a senior client
adviser at Citigate.

In an email to contacts, Clare said: 'Citigate is a wonderful business
with some wonderful people and I am proud to have been associated with
it for so long. I wish all my friends and colleagues good luck for the
future as I look forward to a new career.'

He added that, once free of his 'contractual obligations' he is to take
up a new unspecified appointment.

Clare was a financial journalist and commentator at The Times and Daily
Mail before helping to establish Citigate in 1988. During his time at
the agency he worked on deals such as Roman Abramovich's acquisition of
Chelsea and HSBC's acquisition of Midland Bank.

Meanwhile, Citigate has hired BreakingViews' contributing editor Michael
Preset to head its operations in the Middle East. It has also brought in
Reena Mavjee and Lubna Ashraf to work in investor relations from Credit
Agricole Cheuvreux and RBS respectively.